I agree with those who recommend that issues relating to the...

I agree with those who recommend that issues relating to the company be discussed in a balanced and informed manner and that available facts be brought into the open and looked at carefully.
The top five largest voters (institutional) have over 50 percent of the vote. Therefore ordinary shareholders may well wish to know whether HSBC, JP Morgan, Citicorp and National nominees are going to vote and how these votes are influenced. Presumably analysts and decision makers at these places, because of their responsibilities to shareholders are closely following progress and would appreciate any further information.

LYC email response to wllmtrish:
�Thank you for your email, a copy of which will be forwarded to the independent directors as requested.
We would urge you to wait for details of the proposal which are set out in the Explanatory Memorandum that will be sent to all shareholders before deciding how you will vote on the shareholder resolution concerning the Forge transaction.
At the EGM in mid-May, a resolution will be put to shareholders asking shareholders whether they approve and authorise completion of the proposed transaction with Forge. The company will abide by the decision of the majority of votes cast on that resolution by the shareholders.�


It has been suggested that subject to an evaluation and confirmation by an independent source that the FRG offer is fair and reasonable, the proposal will go ahead.

In the interests of transparency and to ensure that concerned shareholders have the opportunity within the timeframe, to be convinced of the fairness of the offer, it is suggested that

Wllmtrish send a further email to LYC requesting notification of the name of the independent evaluator, his defined role and the information that has so far been provided to him.

LYC advise the evaluation process/s that will be used. Will for example the Capital Asset Pricing Model be employed?

Would LYC object to an alternative study by an academic body or consultant commissioned by concerned shareholders.




Given the interesting nature of the Lynas story it is imagined that matters will be reviewed by academics, lawyers, economists, regulators and others for many years.